http://www.newenergyworldnetwork.com/renewable-energy-news/by-technology/energy-efficiency/uk-energy-technologies-institute-invests-62m-in-renewables.html

The Energy Technologies Institute (ETI), a public-private partnership between six global industrial companies and the UK government, has invested £62m in renewable energy projects.

The ETI, which is tasked with developing mass scale technologies to meet 2020 and 2050 energy targets, has instigated a series of programmes supporting renewable energy technology development. These include offshore wind, marine, distributed energy, green buildings, transport, energy storage, carbon capture and bioenergy.
The organisation has developed an energy system model to identify the critical issues that the UK needs to address in meeting its climate change mitigation targets. The model focuses on identifying low cost methods for the UK to reach its emissions reduction goals, and assesses technologies capable of making the greatest impact.
Energy and Climate Change Secretary Chris Huhne met with the organisation at its UK headquarters in the East Midlands this week to discuss furthering its energy model. The model has been used to support the Department of Energy and Climate Change’s 2050 Pathways scheme, which was updated last week.
The ETI has made investments in sustainability projects, together with making a further £120m available for projects in the development pipeline.
ETI Chief Executive Dr David Clarke said, ‘The ETI is investing heavily in projects to accelerate technologies across heat, power, transport and the infrastructure that links them.
‘We need a route to 2050 which offers sustainable and secure energy supplies that are also practical and affordable.’